FORM OF SECURITIES PURCHASE AGREEMENTForm of Securities Purchase Agreement • April 13th, 2021 • Lizhi Inc. • Services-computer programming, data processing, etc. • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of April 8, 2021, between Lizhi Inc., a Cayman Islands company (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
April 8, 2021 Lizhi Inc. Yangcheng Creative Industry Zone No. 309 Middle Huangpu Avenue Tianhe District, Guangzhou 510655 People’s Republic of China Attn: Jinnan (Marco) Lai, Chief Executive Officer Dear Mr. Lai:Personal and Confidential • April 13th, 2021 • Lizhi Inc. • Services-computer programming, data processing, etc. • New York
This letter (the “Agreement”) constitutes the agreement by and between Kingswood Capital Markets, division of Benchmark Investments, Inc. (“Kingswood”, or the “Placement Agent”) and Lizhi Inc., a Cayman Islands company (the “Company”), pursuant to which the Placement Agent shall serve as the exclusive placement agent for the Company, on a “reasonable best efforts” basis, in connection with the proposed placement (the “Placement”) of registered securities (the “Securities”) of the Company, including American Depositary Shares, or ADSs (the “ADSs”), each representing twenty (20) Class A ordinary shares, par value US$0.0001 per share (the “Ordinary Shares”), and registered warrants to purchase Ordinary Shares (the “Warrants”). The terms of the Placement and the Securities shall be mutually agreed upon by the Company and the purchasers (each, a “Purchaser” and collectively, the “Purchasers”) and nothing herein constitutes that the Placement Agent would have the power or authority to bind t
FORM OF LOCK-UP AGREEMENTLock-Up Agreement • April 13th, 2021 • Lizhi Inc. • Services-computer programming, data processing, etc. • New York
As Placement Agent, pursuant to a Placement Agency Agreement, dated April 8, 2021, by and between Lizhi Inc. and Kingswood Capital Markets, division of Benchmark Investments, Inc.
